Consortium to meet Timbercorp lessors

The consortium looking to buy the forestry assets of failed agribusiness Timbercorp will tonight meet the people who leased land to the company for blue gum plantations.

The meeting is over the border in Hamilton and will be followed by a meeting with landowners in Mount Barker.

The consortium which includes the Penola Pulp Mill wants to ensure the mill has a secured contract of trees.

The mill's developer and head of the consortium, John Roche, says Timbercorp's collapse has delayed construction.

"We will this week set up what we refer to as grower reference groups and very quickly get to the stage where we can appoint an independent valuer expert to come in and value the current forestry assets as stage one of working towards a final outcome of the proposal that we laid out to growers in the letters that we sent them," he said.